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News bulletins on May 25,2018


1.Seven people are missing after a ship sank in seas off east China's Shandong Province, local authorities said Wednesday.
 
2.China National Offshore Oil Corp. (CNOOC) said its Guangdong Dapeng LNG terminal hit a milestone of unloading and regasifying over 60 million tons of the chilled fuel.
 
3.COSCO Shipping Ports (CSP) aims to provide more effective and efficient supply chain services through a new alliance with GLP China Holdings Limited and Eshipping Global Supply Chain Management (Shenzhen) Company Limited.
 
4.A Chinese diplomat said on Saturday good progress was being made on negotiations with the Tanzanian government on the $10 billion Bagamoyo megaport and special economic zone, paving the way for the long-delayed construction work to begin.
 
5.Hong Kong’s Financial Services Development Council’s research paper, released on 21 May with a raft of proposals to develop the territory’s maritime cluster, is a brave and direct challenge to arch rival Singapore.
 
6.In the joint statement issued after the US-China trade talks on May 17-18, China pledged to significantly increase purchases of US goods and services which are what Chinese people prefer to buy.
 
7.The Yangtze delta’s pilot areas of shore power were confirmed recently,from China Ministry of Transport.
 
8.Steel prices in China are showing signs of recovering as market demand picked up in April, but continued excessive supply in the industry will keep a lid on price rises in the long run, the latest data from an industry association showed.
Sources:XINDE MARINE NEWS

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